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Dec 4, 2012
12/12
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fiscal cliff buoyant because the fiscal cliff buoyant because the fiscal cliff is not that big of an issue. maybe that's why the averages once again refuse to drop dramatically, the dow falling 60 points. despite the obvious impasse i saw firsthand when i appeared on "meet the press" with david gregory this weekend, i know i've been interpreting the market's relative success through a difficult period. success is defined by no huge hammering like we had during the debt ceiling crisis as a sign that either perhaps people didn't understand what awaits them -- no no! or that there might be a deal on the horizon to avoid the fiscal cliff, the fact that the republicans put out an offer, like their old offer before the president won re-election, it does feel like the two sides are talking, but they appear to be talking past each other. the clock is really ticking in washington. ticking against a deal. i think the two sides seem to hate each other more than ever. i don't now, it seems like the last 72 hours i was hoping it was going to get better and it seems like it got worse. i spent a to
fiscal cliff buoyant because the fiscal cliff buoyant because the fiscal cliff is not that big of an issue. maybe that's why the averages once again refuse to drop dramatically, the dow falling 60 points. despite the obvious impasse i saw firsthand when i appeared on "meet the press" with david gregory this weekend, i know i've been interpreting the market's relative success through a difficult period. success is defined by no huge hammering like we had during the debt ceiling crisis...
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Nov 10, 2012
11/12
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WBFF
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of he 'fiscal cliff". cliff"" it includds... spending cuts.../ to... take affect ...in januaay- and run... over the next decade....//. t... wwold amount o sevvn iin widespread- / wulddbe - &paffectingg.. areas... suchhas defenss spending,.../ and... &punemployment benefits. obama: ":we can't just cut our way to prosperity, if we're serious bout reducing thh deficit we have to combiie spending cuts with revenue and that means asking the wealthiesttamericans to pay a little more in taxes. the presidenn... allo urred ccngress ...to extend... taxxcuts foo the middle classsnow...///. economisss warn... that... falling off the fiscal clifff./ ..could send the country ...back... into a reccssioo. here in maryland... they're noo assessing the financial and political fallout...if there's no agreement on debt reduction. as john rydell reports...ttaa couldresult in smaller ppycheeks...for ostmaryllnders. marylanders... ((nats--horrs honk)))n frrday afternoons in north baltimore...they're a familiar seniirs....promoting peace. but these folks...are also wooried...
of he 'fiscal cliff". cliff"" it includds... spending cuts.../ to... take affect ...in januaay- and run... over the next decade....//. t... wwold amount o sevvn iin widespread- / wulddbe - &paffectingg.. areas... suchhas defenss spending,.../ and... &punemployment benefits. obama: ":we can't just cut our way to prosperity, if we're serious bout reducing thh deficit we have to combiie spending cuts with revenue and that means asking the wealthiesttamericans to pay a...
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Dec 1, 2012
12/12
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everybody knows about the fiscal cliff. your kids probably know about the fiscal cliff. this is a new moment, which is filled with guys, but that it is also an opportunity, which is if we can't do it now or this member of congress new changes have to be made in may for the ness partner with these changes need to be, but something forces them to do it, and this is the best move that we've had. let's hope we don't go through these political values for they fight it out and we are almost frustrated because they can't cover and the headline the next day after wachovia put together since the u.s. still faces a huge fiscal problem. what we really want to do is put in place a plan big enough to fix the problem and that's going to be what's going to have the upside of the certainty of stability around the corner and importantly finally showing to all of us that this country can govern itself. the whole world is watching right now i'm rooting for us. people want the united states to claim out and fix this problem and the clock is ticking as we wait to see if they'll be able to do
everybody knows about the fiscal cliff. your kids probably know about the fiscal cliff. this is a new moment, which is filled with guys, but that it is also an opportunity, which is if we can't do it now or this member of congress new changes have to be made in may for the ness partner with these changes need to be, but something forces them to do it, and this is the best move that we've had. let's hope we don't go through these political values for they fight it out and we are almost...
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Nov 8, 2012
11/12
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KTVU
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. >> reporter: do you know what the fiscal cliff is? >> the fiscal cliff? no. i haven't heard of that. >> i haven't a clue what a fiscal cliff is. >> never heard of that term. >> reporter: you will and soon. >> enormous changes that are scheduled to happen around new year's day. >> the president and congress passed a law. absent a deal, tax increases for everyone. massive budget cuts and a reduction of the federal budget. >> large cuts in defense spending. large cuts in non-defense spending. what that means is the government will buy fewer things. hundreds of billions of dollars less. >> reporter: government will have less to spend. higher taxes means individuals and businesses will have less money. >> it will be noticeable and painful. >> reporter: huge layoffs possible, the u.s. economy could stall or -- >> you could see a recession. >> reporter: now that we know -- >> i hope not. >> it is us who have to pressure those people representing us. >> they should be more in tune with what americans need. >> sit down and come to an agreement. >> reporter: with congr
. >> reporter: do you know what the fiscal cliff is? >> the fiscal cliff? no. i haven't heard of that. >> i haven't a clue what a fiscal cliff is. >> never heard of that term. >> reporter: you will and soon. >> enormous changes that are scheduled to happen around new year's day. >> the president and congress passed a law. absent a deal, tax increases for everyone. massive budget cuts and a reduction of the federal budget. >> large cuts in defense...
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Nov 7, 2012
11/12
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CNBC
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>> you have been asking about fiscal cliff, fiscal cliff. tla always seem to have an excuse. in the meantime, it has been pretty darn good. >> the market -- >> the reserve has been a huge put the whole time. >> thank you, jim. >> let's bring in the former governor of virginia. good to have you on the program. thanks for joining us. your thoughts on what has happened in virginia and throughout the country so far. we are neck and neck in terms of electoral votes. 162 for the president and governor romney. >> i never thought it would be anything other than just as you described it. very close and very tight. i expect the president to win. i hope he does. i think that will change. as a matter of fact, i bet a penny before i came home to say that he would change. around the country, i would be surprised if romney carried all of those swing states that have been described just now. i see obama winning the election. i hope that virginia is in the winning column with him. i think a lot of people feel like i did when i feeted for him. he needs a second term to prove what he has starte
>> you have been asking about fiscal cliff, fiscal cliff. tla always seem to have an excuse. in the meantime, it has been pretty darn good. >> the market -- >> the reserve has been a huge put the whole time. >> thank you, jim. >> let's bring in the former governor of virginia. good to have you on the program. thanks for joining us. your thoughts on what has happened in virginia and throughout the country so far. we are neck and neck in terms of electoral votes. 162...
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Nov 28, 2012
11/12
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CNNW
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>> fiscal cliff. fiscal cliff. you think that's funny? fiscal cliff. debt ceiling. ybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. now's a good time to think about your options. are you looking for a plan that really meets your needs? and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and could save you in out-of-pocket medical costs every year. call today to request a free decision guide. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referr
>> fiscal cliff. fiscal cliff. you think that's funny? fiscal cliff. debt ceiling. ybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. now's a good time to think about your options. are you looking for a plan that really meets your needs? and your budget? as...
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Sep 12, 2012
09/12
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CNBC
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and before you say, wait a second, jim, the fiscal cliff -- the fiscal cliff, the fiscal cliff is coming. oh! allow me to point out that housing's been down so long, it can bounce back from pure household formation which doesn't stop because of a fiscal cliff. the technology cycles trump washington spending cycles, and the soft goods sold overseas aren't going to be wrecked by spending issues. let me take a look at the largest holdings on my charitable trust to get real stock examples here. first large position, cvs, charlie, victor, sam, not cbs. it's a pharmacy chain. it's a noneconomic sensitive retailer taking it to the biggest competitor walgreen's because of the fight they got in with express scripps. because of those customers. next is apple. what can i say other than apple had a product announcement today and new phone cycle that i believe will drive the economy next year. and that's how meaningful the iphone is to apple's bottom line, 70%. 70% of the profits. others must believe that too as it surged ten points at the end of today's trading. third, jpmorgan, the turn of the busi
and before you say, wait a second, jim, the fiscal cliff -- the fiscal cliff, the fiscal cliff is coming. oh! allow me to point out that housing's been down so long, it can bounce back from pure household formation which doesn't stop because of a fiscal cliff. the technology cycles trump washington spending cycles, and the soft goods sold overseas aren't going to be wrecked by spending issues. let me take a look at the largest holdings on my charitable trust to get real stock examples here....
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Dec 26, 2012
12/12
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CNBC
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talk about the fiscal cliff and politicians talk about the fiscal cliff. we're wondering whether mom and pops at home talk about the fiscal cliff. is a lack of a budget deal actually spooking shoppers out on main street? >> it is. walmart told us 75% of their customers have cite that had they are worried about the fiscal cliff. mandy, you and i were on last week talking about the luxury retailers and we called out saks saying business pre-holiday was particularly weak. what are the people in the stores telling me all week, saying that this is the worst pre-christmas they had seen in over a decade, and part of that was because their consumers are worried about the fiscal cliff, so note to the government. it does matter. >> yeah, but that's, as you say, part of it. laura, what else is going on? it just felt like we were going into a lackluster season here. what happened? >> i mean, there's been some discussion about weather trends as well, but whether or not we go over the fiscal cliff, consumers think next year we'll see higher taxes and lower entitlements.
talk about the fiscal cliff and politicians talk about the fiscal cliff. we're wondering whether mom and pops at home talk about the fiscal cliff. is a lack of a budget deal actually spooking shoppers out on main street? >> it is. walmart told us 75% of their customers have cite that had they are worried about the fiscal cliff. mandy, you and i were on last week talking about the luxury retailers and we called out saks saying business pre-holiday was particularly weak. what are the people...
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Nov 6, 2012
11/12
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CNBC
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it's really the fiscal cliff. the unfortunate thing is we really couldn't make any heads or tails as far as what's going to happen with this fiscal cliff until we get clarity from the election. i suspect between now and the end of the year, you'll see a lot more anxiety. there will be more headlines around the fiscal cliff, which is going to create volatility. that said, i continue to believe the fiscal cliff will be resolved. once we do see some type of compromise, i do suspect you'll see a rally on the other end of that. >> rick, after that, we start a new day on wednesday. the greek parliament has to vote on the austerity package that's been presented to them. here we go again. >> and it's europe. the one thing -- >> bill, you're suggesting the great thing about this election is that it clears the way for us to greece. >> i'm suggesting we start looking at the bogey we've been looking at for so long. >> there's a lot to learn from greece. anybody who's been a parent completely understands. you demand something.
it's really the fiscal cliff. the unfortunate thing is we really couldn't make any heads or tails as far as what's going to happen with this fiscal cliff until we get clarity from the election. i suspect between now and the end of the year, you'll see a lot more anxiety. there will be more headlines around the fiscal cliff, which is going to create volatility. that said, i continue to believe the fiscal cliff will be resolved. once we do see some type of compromise, i do suspect you'll see a...
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goes over the fiscal cliff. what's a fiscal cliff? it's a huge tax increase, huge tax increases and huge spending cuts that hit at beginning of january. the bush tax cuts would go away, the amc patch would go away, a whole bunch of things would go away, ashleigh, and that's going to look like for your tax bill next year if we go over the fiscal cliff. >> what's the reality? what is the actual chance this is going to hit us all right smack in the wallet? >> well, we hope, we hope that senators are working on this, right, and they know they've got to get this fixed. it would be disastrous, it would cause a recession. >> "new york times" say, eh, they're talking. >> they're starting to talk about what kind of framework, et cetera, et cetera. this is what it looks like. you've got economists surveyed by cnn money who say basically none of them think we'll go over the fiscal cliff. why? because it's so dangerous. 14 of 17 economists surveyed say falling off a fiscal cliff will mean a recession. 12 said the fiscal cliff is the biggest risk
goes over the fiscal cliff. what's a fiscal cliff? it's a huge tax increase, huge tax increases and huge spending cuts that hit at beginning of january. the bush tax cuts would go away, the amc patch would go away, a whole bunch of things would go away, ashleigh, and that's going to look like for your tax bill next year if we go over the fiscal cliff. >> what's the reality? what is the actual chance this is going to hit us all right smack in the wallet? >> well, we hope, we hope...
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510
Nov 14, 2012
11/12
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WTTG
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eye 510
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>> fiscal cliff, fiscal cliff, fiscal cliff. we are on the pressof a disaster. he needs to draw a line in the sand. i think he's already done that. when he draws that line, will it be an opening to negotiate with house republicans or really is he ready to go over the cliff with republicans? >> i think they aren't going to go over the cliff. they have legitimate disagreements in how they want to balance this off. but the president has put on the table his ideas on the tax issue. speaker john boehner has said we'll talk about this with you. they both start with strongest positions and then hopefully they can do a compromise on it. the point on this, this isn't just a short-term problem. this is a long-term problem. >> that's what i was going to ask, we've seen the can get kicked down the road. can we get to real results? real answers this time? >> the hope is what you've got is not going to solve this in the next 6 weeks. that's obvious. but should be an overall agreement. that we've got to deal with the entitlement issue. we've got to deal with cuts in the budget
>> fiscal cliff, fiscal cliff, fiscal cliff. we are on the pressof a disaster. he needs to draw a line in the sand. i think he's already done that. when he draws that line, will it be an opening to negotiate with house republicans or really is he ready to go over the cliff with republicans? >> i think they aren't going to go over the cliff. they have legitimate disagreements in how they want to balance this off. but the president has put on the table his ideas on the tax issue....
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Dec 31, 2012
12/12
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CSPAN2
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cliff is nothing compared to the real fiscal cliff. the real fiscal cliff is the continued excessive borrowing and spending of over a trillion dollars a year that is driving this country into a serious fiscal situation for the future. and it's not just something our children and grandchildren are going to have to pay for years down the line. it's something we are all paying for now. it's something that is keeping people from getting back to work, keeping companies from expanding. we and future generations will address what i believe any american who is paying any attention whatsoever, and everyone certainly in this body and our corresponding house down the hall understands whether you are a republican or democrat, liberal or conservative, it's simple math. it's not algebra, it's not sal includes. it's third grade math. you cannot raise $2.2 trillion a year and spend $3.5 trillion or $3.4 trillion. literally, we have added now approaching $6 trillion in just the last four years, and it's unsustainable. it's going to hurt everybody and i
cliff is nothing compared to the real fiscal cliff. the real fiscal cliff is the continued excessive borrowing and spending of over a trillion dollars a year that is driving this country into a serious fiscal situation for the future. and it's not just something our children and grandchildren are going to have to pay for years down the line. it's something we are all paying for now. it's something that is keeping people from getting back to work, keeping companies from expanding. we and future...
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Nov 10, 2012
11/12
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CNNW
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you look at the fiscal cliff. that is $7 trillion in ten years with no thought, no nuance, no kind of strategy about what's the best for america. >> it's a sledgehammer. >> it's a big, dull hatchet when we need a sexual pep a a bunch of surgeons. that's the problem here. they need -- going off the fiscal cliff, and it is popular now to say maybe we should go off for a while -- >> that is gaining popularity. stephen moore, you and david have really spent a lot of time on this. your approaches to this are a little more certain. a lot more surgical. isn't that problem though, stephen? as david said, went around the country and talked to people. i found the same thing when i was on the cnn express on that bus trip. people understand what this means. they understand that we have to cut back on our spending. they are concerned about the lack of sophistication with which washington is handling this. >> yeah, but when? look, i get so sick of it. everybody says we have to cut spending. even my good friend david walker who
you look at the fiscal cliff. that is $7 trillion in ten years with no thought, no nuance, no kind of strategy about what's the best for america. >> it's a sledgehammer. >> it's a big, dull hatchet when we need a sexual pep a a bunch of surgeons. that's the problem here. they need -- going off the fiscal cliff, and it is popular now to say maybe we should go off for a while -- >> that is gaining popularity. stephen moore, you and david have really spent a lot of time on this....
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Oct 9, 2012
10/12
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CNNW
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and the fiscal cliff, it is huge spending cuts. so hundreds of government programs will be cut dramatically. and it's massive, massive tax increases. the average family maybe making $50,000 a year, your taxes would go up $3,500. that would hurt. that would mean millions of jobs lost and probably a recession. >> $3,500 you don't invest in the stock market. >> this is why it's incredibly critical to the economy overall. congress holds the key. almost everyone thinks they're going to fix it in time. it will be an 11th hour fix and no one knows how they will fix it. that's what keeps the uncertainty going. >> with 30 seconds left, john boehner, speaker of the house, made some poignant comments with regard to who should be making an effort. >> he said he doesn't think a lame duck congress should be doing it. they shouldn't be doing big bills like this. the others say the only way you can get it done is if you don't have the risk -- >> of being fired. christine romans, thank you. there are a lot of warning lights and sounds vying for you
and the fiscal cliff, it is huge spending cuts. so hundreds of government programs will be cut dramatically. and it's massive, massive tax increases. the average family maybe making $50,000 a year, your taxes would go up $3,500. that would hurt. that would mean millions of jobs lost and probably a recession. >> $3,500 you don't invest in the stock market. >> this is why it's incredibly critical to the economy overall. congress holds the key. almost everyone thinks they're going to...
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they're worried about the face c fiscal cliff. they say congressional outcome in november matters more than the presidential race. isn't that interesting? >> and look, optics are everything. who is going to be the leader of the free world, but truly the fiscal cliff will matter more to your 401(k), to my 401(k), to the stock market in general. >> because congress has to fit that fiscal cliff. and the fiscal cliff, it is huge spending cuts. so hundreds of government programs will be cut dramatically. and it's massive, massive tax increases. the average family maybe making $50,000 a year, your taxes would go up $3,500. that would hurt. that would mean millions of jobs lost and probably a recession. >> $3,500 you don't invest in the stock market. >> this is why it's incredibly critical to the economy overall. congress holds the key. almost everyone thinks they're going to fix it in time. it will be an 11th hour fix and no one knows how they will fix it. that's what keeps the uncertainty going. >> with 30 seconds left, john boehner, s
they're worried about the face c fiscal cliff. they say congressional outcome in november matters more than the presidential race. isn't that interesting? >> and look, optics are everything. who is going to be the leader of the free world, but truly the fiscal cliff will matter more to your 401(k), to my 401(k), to the stock market in general. >> because congress has to fit that fiscal cliff. and the fiscal cliff, it is huge spending cuts. so hundreds of government programs will be...
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Dec 27, 2012
12/12
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FBC
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>> forget the fiscal cliff. eric: forget the fiscal cliff, what about a container cliff and what that might do to the economy. a a nasty standoff between union workers and the companies could cripple the nation. unless two groups reach a deal, theyun planted strike down plano strike this weekend.if if the strike happened, some reports estimate for a billion dollars per day. >> there's no question, use the righte words, cripple the economy. the backbone of the trade on the export and import, eric. about $100 billion or more comes in and out where you have to have these strikes. co it is very devastating and could reverberate throughout thees country. food distributors, everybody would be affected by this strike if it goesrd forward. eric: what do the unions want and what is management willing to do, how far apart are these two groups? >> normally in a dispute with the unions it is about wages and benefits in this case it is not. what the unions are objecting to with reports i have been seeingu is new work rules a
>> forget the fiscal cliff. eric: forget the fiscal cliff, what about a container cliff and what that might do to the economy. a a nasty standoff between union workers and the companies could cripple the nation. unless two groups reach a deal, theyun planted strike down plano strike this weekend.if if the strike happened, some reports estimate for a billion dollars per day. >> there's no question, use the righte words, cripple the economy. the backbone of the trade on the export and...
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Dec 10, 2012
12/12
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WBFF
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>>> fiscal cliff.... 3 3&>>> fiscal cliff....>>> fisca cliff.... >>> fissal cliff.... referendums?>>> fiscal 3 it's no laughing matter. matter.i was laughing at her, reeeipt...that has one on a s. waiter's job on the linee line. you're watching fox 45 morning news.. all local.. all morning. 3 morning. local...all morning morning. ((ad lib horoscopes)) speed camera ticket mistakes. getttng involved in the controversy. on fox 45 news at just waiting for inspiration to strike. and there it is! done. genius. give the gift of dunkin' coffee. get two pounds for $14.99, only at dunkin' restaurants. america runs on dunkin'. -teaseecountdown to christmas- we're ggving away gifts every day through christmas eve. eve.our lucky wiinersswill get under the tree.so stay tuned m - for your chance to win! 3 win! 3 we have a school deeay to tell and queen annn's county ent schools are opening 90 minutts pate due to fog. 3 map 3&pgreenspringliberty 395map right now police are searching ffr the gunman who shot a baltimore county police here the latest on how it all .- unfolded... plus how the officer
>>> fiscal cliff.... 3 3&>>> fiscal cliff....>>> fisca cliff.... >>> fissal cliff.... referendums?>>> fiscal 3 it's no laughing matter. matter.i was laughing at her, reeeipt...that has one on a s. waiter's job on the linee line. you're watching fox 45 morning news.. all local.. all morning. 3 morning. local...all morning morning. ((ad lib horoscopes)) speed camera ticket mistakes. getttng involved in the controversy. on fox 45 news at just...
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Nov 11, 2012
11/12
by
CNN
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eye 164
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you look at the fiscal cliff. that's 7 trillion in ten years with no thought, no nuance, no kind of strategy about what's the best for america -- >> it's a sledgehammer. >> instead of a big dull hatchet, we need a scalpel with a bunch of surgeons. and congress is sitting there with saying they're going to get there. and that's bad. >> your solution is a lot more surgical. as david said, he went around the country and talked to people, and i found the same thing when i was on the cnn express on that bus trip, people understand what this means. they understand that we have to cut back on our spending but they are concerned about the lack of sophistication with which washington is handling this. >> yeah, but when? i get so sick of this. everybody says we have to cut spending. even my good friend dad walker who i have so much respect for. david, when are we going to cut the spending? the answer always seems to be we'll do it next year or the year after that. it's not such a bad thing if we start now. i'm not so oppose
you look at the fiscal cliff. that's 7 trillion in ten years with no thought, no nuance, no kind of strategy about what's the best for america -- >> it's a sledgehammer. >> instead of a big dull hatchet, we need a scalpel with a bunch of surgeons. and congress is sitting there with saying they're going to get there. and that's bad. >> your solution is a lot more surgical. as david said, he went around the country and talked to people, and i found the same thing when i was on...
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Jul 21, 2012
07/12
by
CNNW
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eye 183
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the fiscal cliff will be avoided. calvin coolage said if you see ten problems coming down the road, odds are if you stand still, nine will fall in the ditch. the fiscal cliff is going to fall in the ditch. why will it get sol snved? the obvious of the need for it to be solved. i will visit economic effects? yes. but if we keep playing agency troid asteroi asteroids, we'll never focus on the long term problem which is that entitlement reform, that tax reform that so necessary. >> bill gross is the smart money on. this he deals with the people that buy the bonds. i could be right the you could be right. ultimately, the bet is made in world in which bill operates. >> the long term is the threat in terms of the u.s. bond work. that means bonds to the extend that we continue to run deficits of 8% and 9%. that means higher inflation and ultimately that is a negative for those 20 and 30-year treasuries. what an investor would want to do to protect him or herself against that possibility is to buy shorter term securities, to
the fiscal cliff will be avoided. calvin coolage said if you see ten problems coming down the road, odds are if you stand still, nine will fall in the ditch. the fiscal cliff is going to fall in the ditch. why will it get sol snved? the obvious of the need for it to be solved. i will visit economic effects? yes. but if we keep playing agency troid asteroi asteroids, we'll never focus on the long term problem which is that entitlement reform, that tax reform that so necessary. >> bill...
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Jun 7, 2012
06/12
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MSNBCW
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that's a fiscal cliff not just a fiscal cliff we're talking about in the fall, but that's a real cliff, a disaster. >> it's an absolute disaster. think about this. at this moment in time, if we can move forward in congress with a bipartisan approach to deal with the deficit, it will not only 15u8d fill the dollar in terms of its credibility, i think it will launch economic expansion that's long overdue. i know the president supports this. i hope we can have bipartisan report going into it, at least to prepare us having it done. >> you just came back from the border with syria. there's talk now of another massacre, another massacre of civilians, u.n. monitoridaitors complaining today they have not been able to get in kofi annan thrown in the towel on his first plan, back at the u.n. proposing another plan. what did you see and what can we do? >> i saw 10,000 people in the city of kilis, in southern turkey, 60% of them women and children. turkey is doing an extraordinarily good job, a humanitarian effort that should be commended around the world. i would say the same for jordan, which co
that's a fiscal cliff not just a fiscal cliff we're talking about in the fall, but that's a real cliff, a disaster. >> it's an absolute disaster. think about this. at this moment in time, if we can move forward in congress with a bipartisan approach to deal with the deficit, it will not only 15u8d fill the dollar in terms of its credibility, i think it will launch economic expansion that's long overdue. i know the president supports this. i hope we can have bipartisan report going into...
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i want to ask you about the fiscal cliff. fiscal cliff. how worried are you? >> i'm very sorry, but i think we get a deal done. lame-duck sessions have not been good for the stock market. all we have seen, stocks have fallen, even when we have accomplishments, but i think we would get a deal done. i think we will see middle-class tax cuts extended. i think we will get that done heavily by the end of the year. that is a positive. you want to buy on that. cheryl: are you worried about the fiscal cliff? >> i am, and i'm not going to bet on either party. at think their is a lot of game play, and i don't know that anybody really understands what will happen if we do fall off the fiscal cliff. i think it just does not bode well for the taxpayer, and somebody has to put their big boy pants on, sit down at a table, and really has things out. and at this point i don't really see that happening. as a taxpayer and citizen, devoutly wish that somebody was take their career and make the3 big move. cheryl: time to put on your big boy pants. that was a good one. thanks to bo
i want to ask you about the fiscal cliff. fiscal cliff. how worried are you? >> i'm very sorry, but i think we get a deal done. lame-duck sessions have not been good for the stock market. all we have seen, stocks have fallen, even when we have accomplishments, but i think we would get a deal done. i think we will see middle-class tax cuts extended. i think we will get that done heavily by the end of the year. that is a positive. you want to buy on that. cheryl: are you worried about the...
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Dec 14, 2012
12/12
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FOXNEWSW
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about the fiscal cliff. caution. you are about to enter the no spin zone. the factor begins right now. >>> hi. i'm bill o'reilly. thanks for watching us tonight. secular forces on the march. that is the subject of this evening's talking points memo. as we have been reporting. some committed left wing americans have been emboldened by the reelection of president obama. you're seeing that now in the budget negotiations as the president and his side are not in any compromising mood. i saw it firsthand this week when i was down in washington. there is arrogance and con desen shun in many left wing precincts despieght thdespite the fact thn ambassador today susan rice is out in consideration for secretary of state. we'll have more on that coming up. the more intelligent secular progressives understand that now is theirsi time in history. the agenda is clear. above all, the secular forces want to change the economy. they want the governor to run it and provide cradle to grave entitlements for those who cannot and
about the fiscal cliff. caution. you are about to enter the no spin zone. the factor begins right now. >>> hi. i'm bill o'reilly. thanks for watching us tonight. secular forces on the march. that is the subject of this evening's talking points memo. as we have been reporting. some committed left wing americans have been emboldened by the reelection of president obama. you're seeing that now in the budget negotiations as the president and his side are not in any compromising mood. i saw...
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Dec 27, 2012
12/12
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WBAL
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lawmakers gear up to tackle the fiscal cliff on capitol hill. >> the fiscal cliff deadline is inching closer. the aviation industry is not worried. they say they will not face immediate destruction. the defense industry urging congress to shift its attention from the cuts than to fighting over taxes. if the cuts take effect, many jobs would be lost. starbucks taking a stand on the cliff. asking customers to write "come together" on cups. toyota will take a $1.1 billion charge to settle a lawsuit that has to do with more than 10 million vehicles because of unintended acceleration. good news for the housing market. homes i use will rise as much as 2.5% nationwide. they expect 2013 to be a seller's market. the best places to buy include cleveland and philadelphia. i'm ellen braitman with the bloomberg business report. >> 5:22. support pours into newtown, connecticut. a memorial that includes every gift and a letter. don't forget to e-mail us your response to our water cooler question of the day. will you be more likely to visit a maryland casino now that some are open 24/7? you can share
lawmakers gear up to tackle the fiscal cliff on capitol hill. >> the fiscal cliff deadline is inching closer. the aviation industry is not worried. they say they will not face immediate destruction. the defense industry urging congress to shift its attention from the cuts than to fighting over taxes. if the cuts take effect, many jobs would be lost. starbucks taking a stand on the cliff. asking customers to write "come together" on cups. toyota will take a $1.1 billion charge to...
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May 22, 2012
05/12
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MSNBC
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>> yeah, because we are headed at the end of the year, for the fiscal cliff. fiscal cliff is all the bush tax cuts expiring, and of course the see quester, $1.2 trillion of additional spending cuts as well as alternative minimum tax coming back on people, as well as unemployment insurance extension running out. so lots of key issues coming up. absolutely i believe we should revisit bowles-simpson, as you know that grew out of a proposal of senator judd gregg and iing we made that five years ago. i serveden 0 the bowles-simpson commission, as senator greg. we supported its findings. i believe that's the best blueprint for going forward. that's why i put that before the senate budget committee this year. but i said, we're not going to vote on it right now, because we all know what will happen if we vote on it right now it will go down. you've got to wait, i think, until after the election before people are prepared to move off their fixed positions. and that's what we've got to get all sides to do, move off their fixed positions. bowl simpsons is a great outline
>> yeah, because we are headed at the end of the year, for the fiscal cliff. fiscal cliff is all the bush tax cuts expiring, and of course the see quester, $1.2 trillion of additional spending cuts as well as alternative minimum tax coming back on people, as well as unemployment insurance extension running out. so lots of key issues coming up. absolutely i believe we should revisit bowles-simpson, as you know that grew out of a proposal of senator judd gregg and iing we made that five...
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Dec 30, 2012
12/12
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CSPAN2
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fiscal cliff that occurs at midnight on december 31, tomorrow. this cliff is self-imposed. it is a penalty that we voted for if we failed to deal with the deficit that our nation faces. and unfortunately, as of this moment we've not reached an agreement to avoid it. i haven't given up hope. conversations and negotiations continue all through this day, and i'm sure into tomorrow. and i hope by the end of the day, by the end of tomorrow night we can celebrate the end of this year and the beginning of a new year with good news for the american people. this is exactly the wrong time for us to go over this cliff. we are in the midst of an economic recovery. we are seeing new job creation. businesses are seeing new growth. we are seeing the kind of economic indicators we've been waiting for for years. this going over the cliff is going to bring uncertainty to our markets, and with that uncertainty a pull back of consumer confidence and a reduction, i'm afraid, of business activity and the creation of new jobs. there are ways to avoid this, sensible way
fiscal cliff that occurs at midnight on december 31, tomorrow. this cliff is self-imposed. it is a penalty that we voted for if we failed to deal with the deficit that our nation faces. and unfortunately, as of this moment we've not reached an agreement to avoid it. i haven't given up hope. conversations and negotiations continue all through this day, and i'm sure into tomorrow. and i hope by the end of the day, by the end of tomorrow night we can celebrate the end of this year and the...
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: so what exactly is the fiscal cliff? it's a nightmare combination of tax heights and spending cuts that congress agreed to to force themselves into a compromise but so far they haven't agreed on anything so barring a last-minute fix at the stroke of midnight on new year's eve the tax cuts expire, alternative minimum tax kicks in, more than half the families with two children would oe 4,000 more. on top of that, the 2011 temporary payroll tax cut would expire. so add on a 2% tax increase for most workers. then there would be automatic spending cuts in 1,000 government programs, defense, welfare, extended unemployment benefits. everything from veterans benefits, social security. that would act as a brake on the economy, throwing it back into recession and could cause a market crash. >> nbc's andrea mitchell reporting. >>> today at 1:00 p.m. eastern president obama will lay out the first steps since his re-election to help avoid this. nbc's tracie potts has the latest on that. >> reporter: in that speech, there will be a sp
: so what exactly is the fiscal cliff? it's a nightmare combination of tax heights and spending cuts that congress agreed to to force themselves into a compromise but so far they haven't agreed on anything so barring a last-minute fix at the stroke of midnight on new year's eve the tax cuts expire, alternative minimum tax kicks in, more than half the families with two children would oe 4,000 more. on top of that, the 2011 temporary payroll tax cut would expire. so add on a 2% tax increase for...
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Jul 28, 2012
07/12
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CNN
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the fiscal cliff is crazy. on the other hand, it's not a free lunch just expanding, digging ditches. you need to have, you know, things that you're spending on that make sense. there's a lot of things congress could do but doesn't do. and that is simplifying the tax system would help a lot and making it fair at the same time. we could improve the inf infrastructure. we have this incredible bonanza from energy that might make us an oil exporter for a little while. we could bring manufacturing back. but everything sort of frozen at the moment because the government is so paralyzed. >> but everything is frozen. all of the measures that ken talk about, broad agreement needs to be done. with all due respect, they're not abstract. these are problems that must be dealt with and the reason they're not is because we're always dealing with emergency situations. we're always dealing with the next fiscal cliff, the next need for quantitative easing. we always put these things on the front burner. >> these are not all emerg
the fiscal cliff is crazy. on the other hand, it's not a free lunch just expanding, digging ditches. you need to have, you know, things that you're spending on that make sense. there's a lot of things congress could do but doesn't do. and that is simplifying the tax system would help a lot and making it fair at the same time. we could improve the inf infrastructure. we have this incredible bonanza from energy that might make us an oil exporter for a little while. we could bring manufacturing...
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Nov 6, 2012
11/12
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CNBC
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on the fiscal cliff when there are so many issues. julian, thanks. cnbc will have you covered from head to toe for election day with up to the second results and analysis and reports from the key battle ground states. special coverage will start at 5:00 p.m. eastern time. >>> slim gains for european stocks. around about 7:3. yesterday the ftse and dax down around half a percent. off of the session high. xetra dax up a third. a number of stocks have reported this morning. bmw beat expectations. they expect to earn a record amount this year. marks and spencer, stock is up. they talk about a weakness in clothing. adecco, they see a hiring pick up in the u.s. helping to offset the crippling weakness in the eurozone. and hanover beating forecasts saying it will be able to absorb damage claims from sandy without effecting its annual disaster budget. on the currency markets, aussie dollar 1.0423. rba keeping rates steady. dollar-yen slightly weaker, but still above 80. euro-dollar out of the 1.28 range that we've been trading in. that's wher
on the fiscal cliff when there are so many issues. julian, thanks. cnbc will have you covered from head to toe for election day with up to the second results and analysis and reports from the key battle ground states. special coverage will start at 5:00 p.m. eastern time. >>> slim gains for european stocks. around about 7:3. yesterday the ftse and dax down around half a percent. off of the session high. xetra dax up a third. a number of stocks have reported this morning. bmw beat...
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Dec 24, 2012
12/12
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but the fiscal cliff could send the economy into a tailspin. it appears to already be affecting consumer spending and some of the country's most beloved snacks could soon return to store shelves. 9news returns in two minutes. >>> 4:40 on this monday morning. christmas eve. quiet right now. really no real problems i think till we get more toward late this afternoon into when rain may develop mixed in with sleet and snow. the roads staying mainly wet with high temperatures in the low 40s. a very active weather week coming up. i'll have your seven-day forecast in about five minutes. right now over to liz with a look at timesaver traffic. >>> good morning. the commute very much the same as the weather apparently. 270 montrose all quiet, cleared out. might see shopping traffic as the day goes on with the last- minute shoppers. otherwise so far so good. on the virginia ride, 395 at duke street, everything moves right along there. no problems on 95 coming in towards the mixing bowl either. that's a look at your timesaver traffic. now back to andrea. >
but the fiscal cliff could send the economy into a tailspin. it appears to already be affecting consumer spending and some of the country's most beloved snacks could soon return to store shelves. 9news returns in two minutes. >>> 4:40 on this monday morning. christmas eve. quiet right now. really no real problems i think till we get more toward late this afternoon into when rain may develop mixed in with sleet and snow. the roads staying mainly wet with high temperatures in the low...
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Dec 28, 2012
12/12
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KOFY
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not just the fiscal cliff. could also be the dairy cliff beginning next year you could be paying as much as 7 dollars for gallon of milk if congress does not step in. price of milk could double if congress doesn't provide a fix for expiring dairy price supports beginning or before january 1s 1st. >>> roller coaster day on wall scrutiny as market reacted to news on fiscal cliff pending. dow down 150 points in early trading but rallied to close with just 18 point loss. index closed today at 13096. fourth straightlessing day for the dow by the way. >> now to some incredible video from china. shows a 33 ton shark tank exploding at shanghai shopping mall. people look at the tank when the glass shattered suddenly and huge wave of world trade center comes over the onlookers. 15 people were injured. none critically. 3 lemon shark and dozens of smaller fish all died unfortunately. now shanghai officials say cold temperatures and showedy material made the acrylic sheet so brittle it just gave way. >>> well just ahead ton
not just the fiscal cliff. could also be the dairy cliff beginning next year you could be paying as much as 7 dollars for gallon of milk if congress does not step in. price of milk could double if congress doesn't provide a fix for expiring dairy price supports beginning or before january 1s 1st. >>> roller coaster day on wall scrutiny as market reacted to news on fiscal cliff pending. dow down 150 points in early trading but rallied to close with just 18 point loss. index closed today...
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Nov 7, 2012
11/12
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FOXNEWS
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what about the approaching fiscal cliff? will we walk up to the precipice and stop or jump over to economic black hole? take a deep breath. here we go again. jim angle has details. >> reporter: the fiscal cliff was crafted to be so distasteful, the officials would do anything and everything to avoid it, which did not work. >> we could be in a recession next year and it could decrease size of the economy. >> fiscal cliff is $440 billion of taxes and $200 billion of spending cuts. going over the full fiscal cliff is recipe for recession. >> not the way mr. obama wants to begin the second term. the fiscal cliff and simultaneous cancer jens of tax increases an spending cuts will wreak havoc with the economy. spending cuts for instance take $2.10 trillion in ten years. >> these are big cuts, 10-14% in programs quarter of the way through the fiscal year. that is bad policy and dangerous. >> the biggest stumbling block is tax increases, everyone wants to extend the bush tax cuts for those making less than $250,000 a year. the presi
what about the approaching fiscal cliff? will we walk up to the precipice and stop or jump over to economic black hole? take a deep breath. here we go again. jim angle has details. >> reporter: the fiscal cliff was crafted to be so distasteful, the officials would do anything and everything to avoid it, which did not work. >> we could be in a recession next year and it could decrease size of the economy. >> fiscal cliff is $440 billion of taxes and $200 billion of spending...
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Nov 11, 2012
11/12
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KQED
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gridlock over the so-called fiscal cliff. what's the fiscal or better put financial cliff? think of it as a high, steep rock. a ledge the u.s. is teetering on and will plunge over if no action is taken on certain financial matters. what are those? one, the bush era tax cuts. in 2001 and 2003, congress, under president george w. bush, lowered everyone's taxes. but it was only temporary, like 11 years temporary. less than two months from now midnight december 31, taxes go back up. the average household will pay more in taxes each year, $2000 to $3500 more. two, sequestration. what's that? new, big budget cuts. $110 billion in cuts in 2013 alone. they go into effect january 2, and will affect the defense budget and the domestic budget. the cbo, says unemployment could climb up over 9%, pushing the u.s. back into recession. why did this happen? an automatic sequestration or permanent set aside of $1.2 trillion was passed by congress, in order to force congress to compromise and figure out how to cut the budget itself. but, a congressional supercommittee of house and senate memb
gridlock over the so-called fiscal cliff. what's the fiscal or better put financial cliff? think of it as a high, steep rock. a ledge the u.s. is teetering on and will plunge over if no action is taken on certain financial matters. what are those? one, the bush era tax cuts. in 2001 and 2003, congress, under president george w. bush, lowered everyone's taxes. but it was only temporary, like 11 years temporary. less than two months from now midnight december 31, taxes go back up. the average...
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Nov 8, 2012
11/12
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MSNBC
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the fiscal cliff happens but the cliff is a misnomer. you don't drive off the cliff and plunge to your death within ten seconds. you drive off the cliff, and six months later revenues dry up, cuts go into effect. so there's some time there for negotiation. the question really isn't have the republicans change. question is has obama changed? all i have to do is sit here and the revenue comes in the door. >> don't you think -- look at payroll tax cut fight he won on that and took it to the american public. i'm of the think he learned some lessons in the first four years. >> back to what joy says you don't need 99 tea partiers. this doesn't have to pass with 90%. this has to pass with 51% in the house, and we can get those votes if we create the atmosphere, if boehner works hard, the business community's key. the business community's contributed over $35 billion to the campaign to fix the debt for a public relations campaign. the business community can come down on the other nontea party republicans and say you've got to do this, understand
the fiscal cliff happens but the cliff is a misnomer. you don't drive off the cliff and plunge to your death within ten seconds. you drive off the cliff, and six months later revenues dry up, cuts go into effect. so there's some time there for negotiation. the question really isn't have the republicans change. question is has obama changed? all i have to do is sit here and the revenue comes in the door. >> don't you think -- look at payroll tax cut fight he won on that and took it to the...
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Nov 7, 2012
11/12
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WUSA
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wyatt andrews on the fiscal cliff. a nor'easter bears down on shores ravaged by sandy. ben tracy is there. we'll have the forecast. >> i don't know if we can mentally handle another storm. >> pelley: and one secret to the president's success was the changing face of america. anna werner on the new voters who helped push him over the top. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> pelley: good evening. this is a special one-hour edition. $6 billion was spent on political campaigns and when they were over nothing much changed. republicans will still control the house, democrats the senate, and barack obama will still be president. this was the scene tonight as the president and the first family returned from chicago aboard air force one. they landed at joint base andrews right outside washington, d.c we will have a look at what you can expect from washington many the future, but first the latest returns. we still can't project a winner the presidential contest in florida, but even without florida mr. obama has 303 electoral votes-- we
wyatt andrews on the fiscal cliff. a nor'easter bears down on shores ravaged by sandy. ben tracy is there. we'll have the forecast. >> i don't know if we can mentally handle another storm. >> pelley: and one secret to the president's success was the changing face of america. anna werner on the new voters who helped push him over the top. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> pelley: good evening. this is a special one-hour...
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Nov 15, 2012
11/12
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CURRENT
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the press conference about the fiscal cliff. the so-called fiscal cliff. he got this question. >> respectfully sir why should the american people and the republicans believe you won't cave again this time. >> cenk: i love that. we'll give you his answer in just a little bit. and more sex more generals, more problems. >> despite all of her lavish entertaining court documents that jill kelley and her husband has been sued at least nine times and face foreclosure on their home. >> cenk: you know what i'm going to do? i'm going to defend the general. what's going on "the young turks"? you'll have to find out. finally this jerk wants to stiff his workers. >> $10 at papa johns. where are you going to find a million pieces. >> what are we going to do to kick off this season. >> same as last season. $1 million free of papa john. >> cenk: no, not payton manning although a big fan, it's papa john's guy. wait until you see his house. i'm going to go ballistic on that. do you know what time it is? it's go time! [ ♪ music ♪ ] >> cenk: so everybody is talking about
the press conference about the fiscal cliff. the so-called fiscal cliff. he got this question. >> respectfully sir why should the american people and the republicans believe you won't cave again this time. >> cenk: i love that. we'll give you his answer in just a little bit. and more sex more generals, more problems. >> despite all of her lavish entertaining court documents that jill kelley and her husband has been sued at least nine times and face foreclosure on their home....
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Dec 30, 2012
12/12
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CSPAN
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this is not the fiscal cliff, but the climate cliff? getting politicians, authors, experts, so that the rest of america hears it. i really hope that this will be the next wave, talking about solutions. >> the good news is that there are already some wonderful things coming. if is a great series. it is coming out of showtime. they go interviewing people around the country and record any impact on the lives. i think that increasing the awareness, that this is an issue that happens to me in my life, where i love, none of the people of bears for the island, but me living in san antonio tx or me living in concord or seattle for miami. you can make it directly relevant and interesting to cuba's lives. the more interest there will be. >> thank you so much to each of you for coming. i want to draw on a couple of things. as the education director with the power and passion of my generation wanting -- one of the things that i think is so critically missing is clear pathways to support the translation of informed inspiration and its desire to be p
this is not the fiscal cliff, but the climate cliff? getting politicians, authors, experts, so that the rest of america hears it. i really hope that this will be the next wave, talking about solutions. >> the good news is that there are already some wonderful things coming. if is a great series. it is coming out of showtime. they go interviewing people around the country and record any impact on the lives. i think that increasing the awareness, that this is an issue that happens to me in...
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Dec 26, 2012
12/12
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CNBC
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that is the same day that we would go over the fiscal cliff. now the treasury has certain steps they can take to avoid breaching the debt ceiling that will carry the government through february or march, but at the moment in a technical sense treasury secretary geithner is telling the congress we're hitting the debt ceiling at the end of this year which is the part of the, as i mentioned, part of an effort to get congress to step in and act, not only on the fiscal cliff but on the debt ceiling, bill. >> thanks very much for the breaking news. we'll keep monitoring the situation. thanks, john harwood. a look now at financial sector and whether or not you should put your money in the banks. >> 12 months ago there was a lot of buzz about the regionals, but now it's the big banks that have done really, really well. we have the president and ceo at bell rock capital and jeffrey hart. welcome back. >> cassandra, how did we get that wrong, those saying was not a good environment for about the banks, 2012, low interest rates, you know, the low loan dem
that is the same day that we would go over the fiscal cliff. now the treasury has certain steps they can take to avoid breaching the debt ceiling that will carry the government through february or march, but at the moment in a technical sense treasury secretary geithner is telling the congress we're hitting the debt ceiling at the end of this year which is the part of the, as i mentioned, part of an effort to get congress to step in and act, not only on the fiscal cliff but on the debt ceiling,...
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Nov 17, 2012
11/12
by
FOXNEWS
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first pu7b diswill scream about the fiscal cliff. first pundits will scream about the fiscal cliff a series of tax increases going into affect january 1st unless they work out a deal. they will. i can see it. they will meet, press conferences and predict disaster then reach a deal. it will not solve much but then the media will move on. america will continue to go broke. if i too cynical? and no. worse than that says congressman ron paul. predict the future. >> the future looks good people know that what we have today is not workable but short-term the people will not admit we're bankrupt or on the verge of a major major change in our society. but they will destroy the dollar were reinforced to change our system of financing. it could be big. not quite as bad as the soviet system but changes are to come. true bankruptcy means we cannot maintain the empire around the rolled and entitlements $220 trillion so we need to face reality. don't expect solutions to come on january 1st. they will have a dr. debt proposal but ultimately we will
first pu7b diswill scream about the fiscal cliff. first pundits will scream about the fiscal cliff a series of tax increases going into affect january 1st unless they work out a deal. they will. i can see it. they will meet, press conferences and predict disaster then reach a deal. it will not solve much but then the media will move on. america will continue to go broke. if i too cynical? and no. worse than that says congressman ron paul. predict the future. >> the future looks good...